Common Contracts
2 similar Letter Agreement contracts by Wentworth Energy, Inc.
Cornell Capital Partners, LPLetter Agreement • August 24th, 2006 • Wentworth Energy, Inc. • Crude petroleum & natural gas • New Jersey
This Letter Agreement (“Agreement”) will confirm the understanding between Wentworth Energy, Inc. (the “Company”) and Cornell Capital Partners, LP (the “Cornell”). This Agreement shall become effective upon the Company’s consummation of a financing transaction with the purchasers of Senior Secured Convertible Notes (the “Notes”) that will result in the Company receiving gross proceeds of at least Thirty Million Dollars ($30,000,000) substantially in the form of the term sheet attached hereto as Exhibit A (the “Note Transaction”).
Cornell Capital Partners, LPLetter Agreement • July 27th, 2006 • Wentworth Energy, Inc. • Crude petroleum & natural gas • New Jersey
This Letter Agreement (“Agreement”) will confirm the understanding between Wentworth Energy, Inc. (the “Company”) and Cornell Capital Partners, LP (the “Cornell”). This Agreement shall become effective upon the Company’s consummation of a financing transaction with the purchasers of Senior Secured Convertible Notes (the “Notes”) that will result in the Company receiving gross proceeds of at least Thirty Million Dollars ($30,000,000) substantially in the form of the term sheet attached hereto as Exhibit A (the “Note Transaction”).
